Arkansas Statutes

§ 28-73-1007 — Event affecting administration or distribution

Arkansas·Title 28
If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge.

Free access — add to your briefcase to read the full text and ask questions with AI

Arkansas § 28-73-1007 (Event affecting administration or distribution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2005, No. 1031, § 1.

Nearby Sections

15
View on official source ↗